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EU residency with Spanish golden Visa

No More Spanish Golden Visa

Spain, led by the government of Pedro Sanchez, has recently declared its imminent revocation of the Golden Visa program. This decision comes as a surprise, given its significant economic advantages, which previously attracted numerous non-EU investors seeking residency through property investments exceeding €500,000.

While alternative pathways for residency through investment may still exist, property acquisition will no longer qualify.

Reportedly, this action follows pressure from the European Commission, citing concerns over the predominant issuance of Golden Visas to Chinese and Russian nationals.

For individuals considering permanent or long-term residency in Spain, consulting with a specialized lawyer is advisable, as there may be alternative avenues to explore

the digital nomad visa or non-lucrative visa